Star Bank, Barrett Branch

Minnesota, Grant County, Barrett
400 2nd Street 56311, MN
Phone 320-528-2531

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Star Bank

EstablishedAug 1904
Number of domestic offices10
Agriculture bank

About Star Bank

The history of Star Bank goes back over 100 years ago, to 1904, when a national bank was chartered under the name of The First National Bank of Bertha, in Bertha, Minnesota. For the next 80 years, it operated as a single location bank, until 1984 when The First National Bank of Verndale (Minnesota) was purchased and merged into this charter as a branch office. The two offices operated as First National Bank of Bertha-Verndale until March 2000.

Today, Star Bank is still led by Harry Wahlquist, President & CEO and Chairman of the Board. In addition, two other members of the Wahlquist family joined the Executive Team, Andy Wahlquist – Vice President responsible for the Maple Lake and Annandale offices, and Katie (Wahlquist) Incantalupo who acts as VP/Director of Marketing for Star Bank. The solid family values, the friendly personal touch, and a strong commitment to employees, customers and communities are cornerstones of the Bank and distinct advantages in today’s market.

Star Bank has consistently received a four star or better "Recommended” rating from Bauer Financial, Inc., an independent bank rating firm.

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Source: | author: QUEER | 802 | 14/01/18 16:33 Why does Star Bank have an automated teller drive thru (I have no clue what it’s actually called) with the option t…
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Source: | author: Thomas Croke | 116 | 10/01/18 22:31 CTBC Financial : Announced by CTBC Financial Holding Co., Ltd. on behalf of The Tokyo Star Bank, Limited regarding…
Source: | author: | 8703 | 10/01/18 06:09 Shoutout to our awesome Creative Department for this equally awesome billboard series they recently completed for o…
Source: | author: The Ferg | 848 | 09/01/18 11:05 The Star > Bank officer arrested over FB threat veterinary personnel - KUCHING: A Facebook user has been arrested f…
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Source: | author: TheBlackDog | 125 | 05/01/18 18:35 We help create new success stories everyday by serving early stage companies. At Five Star Bank, we rally around ou…
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Source: | author: Pigeonhenpottery | 10 | 04/01/18 15:27

Financial information

Total assets$261M
Net income$3M
Net income, quarterly$1M
Total deposits$226M
Domestic deposits$226M
Equity capital$24M
ROAQ, quarterly2.04%
ROA, pretax2.04%
ROAQ, quarterly, pretax2.04%
ROEQ, quarterly22.14%
UpdatedJan 11, 2018

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.